Reference no: EM132451609

Question 1. Identify the stakeholders in this case and their interests. Give one example where their interests may coincide, and one example where there may be in conflict.

Question 2. According to the Fraud Triangle depicted in chap 5 of the textbook, what are the pressures or incentives facing Vick Jensen? What opportunity does he have to commit fraud? What rationalizations is he likely to consider?

Question 3. Describe the ethical and professional responsibilities of Vick Jensen by applying Exhibit 3-11 from the textbook to the case. What concrete steps does he need to take?

Question 4. If Jensen agrees to go along with Lester's request, which provisions of the AICPA code of conduct and the IMA Statement of Ethical Professional ) will he be violating? What does Jensen stand to lose?

Question 5. Assume you are Jensen and you decide not to cooperate with Lester's request. Using the Giving Voice to Values technique (see Mintz & Morris chap 2), write a dialogue between you and the person whom you selected to discuss this situation. Include the following elements in your dialogue:

• What do you need to say, to whom, and in what sequence?

• What will the objections or pushback be?

• What would you say next? What data and other information do you need to make your point and counteract the reasons and rationalizations you will likely have to address?

Attachment:- stakeholder.rar